Lyft is rolling out a new driver referral program that should make it easier for current drivers to refer new drivers, and keep them! This program will incentivize new drivers to stay on the road by paying them immediately – and paying the referring driver as well. Today, senior RSG contributor Christian Perea covers this new program, how it differs from Lyft’s previous program – and how it’s beating the rideshare competition.

Lyft recently changed its driver referral program by switching to a bonus that pays out on a per-ride basis. If you signup to become a Lyft driver using another driver’s link, then both parties will receive a small payout for each ride the new driver completes.

Lyft’s new driver referral program contrasts with their previous structure where the bonus wouldn’t be rewarded until the new driver completed a certain number of rides (usually between 50 and 100 rides). This is important because it means that drivers and those who refer them can start earning a bonus payout from the first ride.

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Harry here. Uber has started moving away from sign up bonuses, but that doesn’t mean they’ve done away with incentives entirely. Today, senior RSG contributor Jon Knope covers Uber sign-on guarantees by city and how you can take advantage of these guarantees to make the most money.

Although sign-up bonuses seem to be a thing of the past, Uber’s sign-up guarantees are going strong. Here are the top ten Uber sign-up offers by city, and how to make the most of them.

Uber’s “guarantee” structure has drawn some criticism from many drivers since many folks sign up under the impression that, once they complete the required number of rides, they’ll take home a big chunk of cash on top of their regular earnings. Instead, the guarantee typically amounts to much less. If you were offered a sign-up guarantee of $300 after completing X number of rides, and you made $297 in fares while completing those rides, you’ll only collect a measly $3 extra.

Uber’s messaging seems to be doing a better job of explaining how the guarantees work but if you’re looking to sign up, make sure you read the fine print.

Harry here. Uber’s switched to a guaranteed earnings model instead of a sign-up bonus in certain cities, frustrating many drivers, but we’ve also discovered an interesting opportunity. Today, senior RSG contributor Jon Knope takes a look at a new driving strategy that will help you maximize your income if you’re given a guaranteed earnings benefit when you sign up to drive with Uber.

If you’re just starting out with Uber, you may be able to pocket some extra cash with this unusual driving strategy. If you’re a rideshare veteran, read on for information about sign-on bonuses with other platforms to supplement your driving income!

Harry here with another sign-up bonus update. Lately, Uber has been receiving even more bad PR than usual. Though Kalanick & Co. have taken steps to put their customers at ease, more than a few riders have already switched to Lyft – and the platform is now busier than ever. In addition, Lyft also announced its biggest expansion yet – the service just launched in more than 50 new cities across the US, including Lakeland, Ocala, Ft. Meyers, Des Moines, Amherst, Kalamazoo, and many more.

As you can probably guess, it’s a great time to sign up for Lyft! Here are some tips to help you maximize the bonus you’ll receive when you first sign up – as well as some intel on sign-on bonuses from Uber and other staple rideshare and delivery platforms.

Harry here with our first bonus update of 2017. The new year has brought with it a few structural changes to Lyft’s new driver bonus program in some cities. Let’s take a look at what’s changed, and how you can get the best sign-on bonus available – whether you want to deliver food and packages on DoorDash, Postmates, and UberEATS – or deliver people with Uber and Lyft.

I always recommend that drivers sign up for at least a couple services since it only takes a few minutes, and when you try a new service, you may find it’s more profitable than your usual gig. It all depends on the time: the midday hours (11 a.m.-2 p.m.) are usually pretty slow on Uber and Lyft, but for drivers on DoorDash, Postmates, et al., lunchtime can be a cash cow. If you’re looking to get the most out of ridesharing, adding services to your repertoire can help maximize profits and minimize downtime. And if anything, it’s good to always have a back up plan in case the Uber app goes down. With that said – let’s look at those bonuses.

About

I'm Harry, the owner and founder of The Rideshare Guy Blog and Podcast. I used to be a full-time engineer but now I'm a rideshare blogger! I write about my experience driving for Uber, Lyft, and other services and my goal is to help drivers earn more money by working smarter, not harder. Read More…

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